Natural Gas Turns Lower to Open Week

Dow Jones
09/28

1012 ET - Natural gas extends a pullback it began late last week, with the shockwave from a pipeline malfunction in West Virginia easing. "With a less complicated repair job, supply flows should return to normal levels within a few days," says the Hightower Report in a note. Mild weather in the U.S. is allowing natural gas prices to ease, the firm adds. "Overall, demand for power plants is expected to pull back mildly, weighing on natural gas prices," says the firm. Natural gas prices are down 3.5% to $3.083 per mmBtu.

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